Showing posts with label Longcheer. Show all posts
Showing posts with label Longcheer. Show all posts

Monday, January 19, 2009

Technical on Sino Techfibre, DMX, Longcheer

Sino Techfibre Ltd. (SINOT SP; S$0.19 - SELL): The stock has broken below its support turned resistance trend line.

DMX Technologies Group Ltd. (DMX SP; S$0.095 - SELL): Any rebound towards the downward channel resistance of S$0.105 is a good opportunity to exit. Next resistance is at S$0.125.

Longcheer Holdings (LHL SP; S$0.31 - BUY): The stock has overcome the S$0.28 resistance turned support trend line. Near term outlook is positive but expect some healthy consolidation.

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